Nike, FedEx And Some Other Big Stocks Moving Higher In Today's Pre-Market Session

U.S. stock futures traded higher this morning. Here are some big stocks recording gains in today’s pre-market trading session.

• ADC Therapeutics SA ADCT shares jumped 36.8% to $4.35 in pre-market trading. ADC Therapeutics and Sobi announced European Commission approval of ZYNLONTA for the treatment of relapsed or refractory diffuse large B-cell lymphoma.
• NIKE, Inc. NKE gained 13.1% to $116.70 in pre-market trading after the company reported better-than-expected results for its second quarter on Tuesday.
• AMC Entertainment Holdings, Inc. APE gained 6.8% to $0.72 in pre-market trading. AMC Entertainment recent said that it has raised $162 million from its AMC Preferred Equity Units since launching the stock just a few months ago.
• Mitsubishi UFJ Financial Group, Inc. MUFG rose 6.4% to $6.68 in pre-market trading after surging 13% on Tuesday.
• Adaptive Biotechnologies Corporation ADPT gained 5.8% to $7.50 in pre-market trading. Piper Sandler upgraded Adaptive Biotechnologies from Neutral to Overweight and raised the price target from $7.5 to $14.

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• Golden Ocean Group Limited GOGL climbed 5.3% to $9.29 in pre-market trading.
• Under Armour, Inc. UA rose 4.8% to $8.66 in pre-market trading.
• FedEx Corporation FDX gained 4.5% to $171.69 in pre-market trading. FedEx posted upbeat earnings for its second quarter, while sales missed expectations. The company also said it sees FY23 earnings of $13.00 to $14.00 per share, versus analysts’ estimates of $14.08 per share.
• Foot Locker, Inc. FL climbed 3.6% to $34.01 in pre-market trading.

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